Now, digital downloads are once again being outsold by CDs and vinyl, according to the Recording Industry Association of America. The RIAA released its 2017 year-end revenue report on Thursday, showing that revenue from digital downloads plummeted 25 percent to $1.3 billion over the previous year. “And make no mistake, there’s still much work to be done to make this growth sustainable in the long term.”The outlook for digital downloads is bleak. And this is the first time since 2011 they’ve fallen behind physical music media. But vinyl sales were up 10 percent to $395 million — a “bright spot among physical formats,” the RIAA noted.

Source: Washington Post March 23, 2018 10:17 UTC